Incorporating a new company in India is streamlined through the SPICe+ (Simplified Proforma for Incorporating a Company Electronically) form. This single application covers name reservation, company incorporation, DIN allotment, and PAN/TAN application. The process also mandates registration for EPF, ESIC, profession tax (in Maharashtra), and bank account opening via the linked AGILE-PRO form.
16 September 2020
Now. registration for EPF. ESIC, profession tax (only for Maharashtra state) and Bank a/c opening are made mandatory while incorporating a company through Spice Plus form and its linked form viz., AGILE-PRO.